You need to discuss this with a lender that can accommodate the lower values.

You should be able to Google this and/or search the BP forums for information on this.Many people believe that as ADUs get more prevalent the financing rules will change to accommodate the ADUs.Good luck

There are two exceptions to this general rule:Expanding Family - If your family grows beyond what your house can reasonably accommodate, you can be authorized for a second FHA home loan.

I would not bother making an offer on a $40K house where I could not accommodate a 3-4% price difference at closing.  

Thousands of people rushed into town with good jobs available and many apartment buildings were then built to accommodate.  

I told him that I'd give him prorated rent back and will turn his deposit over directly to a new property (just wanting them to leave as quickly as possible and be really accommodating, just in case, but not bending over so far to give him ideas.......

., Title 43, Chapter 40, Section 29 (43-40-29)(a) Except as otherwise provided, this chapter shall not apply to:(1) Any person who, as owner, as the spouse of an owner, as general partner of a limited partnership, as lessor, or as prospective purchaser or their regular employees, performs any act with reference to property owned, leased, or to be acquired by such owner, limited partnership, lessor, or prospective purchaser where such acts are performed in the regular course of, or as incident to, the management of such property and the investment therein or any person who manages residential apartment complexes under a contract approved by any federal agency for an organization which is exempt from federal taxes pursuant to Section 501(c)(3) of the Internal Revenue Code, as defined in Code Section 48-1-2, provided that such person was engaged in managing such property under such type contract prior to January 1, 1989;(2) An attorney in fact under a duly executed power of attorney to convey real estate from the owner or lessor;(3) A licensed practicing attorney acting solely as an incident to the practice of law;(4) Any person acting as receiver, trustee in bankruptcy, administrator, executor, or guardian or acting under a court order or under the authority of a will or of a trust instrument;(5) Any officer or employee of a government agency in the conduct of official duties;(6) Any person employed by a public or private utility who performs any act with reference to property owned, leased, or to be acquired by the utility employing that person, where such acts are performed in the regular course of, or as incident to, the management of such property and the investment therein;(7) Any person who, as owner or through another person engaged by such owner on a full-time basis, provides property management services or community association management services, buys, sells, leases, manages, auctions, or otherwise deals with property owned by such person;(8) Any person employed on a full-time basis by the owner of property for the purpose of providing property management services or community association management services, selling, buying, leasing, managing, auctioning, or otherwise dealing with such property;(8.1) Any person employed on a full-time basis by a community association for the purpose of providing community association management services;(9) Any person acting as a referral agent who is not involved in the actual negotiations, execution of documents, collection of rent, management of property, or other related activity which involves more than the mere referral of one person to another and who:(A) Does not receive a fee for such referral from the party being referred;(B) Does not charge an advance fee; and(C) Does not act as a referral agent in more than three transactions per year;(10) Any individual employed by a broker to assist in property management services on property on which the broker has a written management agreement that the broker procured from and negotiated with the owner, provided that such individual's activities are explicitly authorized by the broker in a written agreement between the broker and the employee and provided that such activities are limited to one or more of the following:(A) Delivering a lease application, a lease, or any amendment thereto to any person;(B) Receiving a lease application, a lease, or any amendment thereto, a security deposit, rental payment, or any related payment for delivery to and made payable to the broker or the owner;(C) Showing a rental unit to any person, provided that the employee is acting under the direct instructions of the broker, and executing leases or rental agreements;(D) Providing information authorized by the broker about a rental unit, a lease application, or a lease;(E) Providing information to a tenant about the status of such tenant's security deposit or rent payments or to an owner about the owner's financial accounts and payments from the owner's tenants; and(F) Performing any ministerial acts that are explicitly authorized by the broker in a written agreement between the broker and the employee.Any broker utilizing the services of such an employee shall be held responsible under this chapter for the activities of that individual;(11) Any person who provides property management services on properties available for less than 90 days' occupancy by guests or occupants and meets all of the following conditions:(A) The property manager enters into a written agreement with the owner specifying all terms and conditions under which the property is to be managed, the reporting of income and expenses, and the remitting of income to the owner;(B) The management agreement between the property manager and the owner does not allow the property manager to rent or lease the property and any agreement between the property manager and the guest or occupant is not a lease or rental agreement;(C) Any applicable zoning laws do not prohibit short-term occupancy uses of the property; (D) The guest's or occupant's occupancy is for less than 90 days;(E) No deposit exceeds the cost of the rental required for the minimum rental period;(F) The guest or occupant pays any required state or local sales taxes or excise taxes on rooms, lodgings, and accommodations and the property manager has any required state or local business licenses or permits;(G) The property manager has the authority to specify rooms or units that the guest or occupant will occupy;(H) No extra charge is made for basic utilities;(I) Notice is not required for a guest or occupant to terminate occupancy of the room or unit, except as provided under the provisions of Article 1 of Chapter 21 of this title; and(J) The room or unit is not the permanent residence of the guest or occupant;(12) Any person who is a member of a community association and who provides community association management services only to one community association of which such person is a member;(13) Any person who performs only physical maintenance on a property; or(14) A licensed certified public accountant or registered public accountant acting solely as an incident to the practice of public accounting.

------ Build in the extension when you create the contract - "Seller agrees to extend the settlement date by 25 banking days if necessary to complete title work or to accommodate the assignee."

If anyone else replies they've had success, has anyone been able to "sell" this concept to a bank that otherwise had policies in place that didn't accommodate this type of lending?

Citimortgage is pretty accommodating to multiple-mortgage borrowers.